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A new measure of poverty for the UK

A new measure of poverty for the UK

Social Metrics Commission

Sep 2018

United Kingdom

Pensioners & Retirement, State Pensions

The Social Metrics Commission has published a report entitled "A new measure of poverty for the UK", which provides a detailed analysis of how the approach to poverty measurement can be improved in the UK and elsewhere. According to the report, poverty rates amongst pension-age adults has fallen from 17% of the total population in poverty in 2001 to 11% in 2017. However, the report found that some pensioner groups are still experiencing high levels of poverty, with the poverty rate for pensioners who are not homeowners standing at 34.2%.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2018 or click here (this link will not work in all circumstances). For further information about Perspectiveclick here.